News for hackers. Stuff that matters.

A comment on Britain’s statisticians fix a blunder and find a bigger economy. Parent comment

Re:Britain’s statisticians fix a blunder and find a bigger e... by ascorbic on Tuesday September 05, 2023 @02:40PM (#37395942)
Right. Presumably in that scenario both economists thought it to be at least $100 worth of entertainment to watch the other eat shit, while both also thought $100 was enough compensation to eat it. Everyone is better off.
[ Parent | on HN ]
Re:Britain’s statisticians fix a blunder and find a bigger e... by epylar on Tuesday September 05, 2023 @03:58PM (#37396967)
Just because you think you're better off doesn't mean you're better off though.
[ Parent | on HN ]
Re:Britain’s statisticians fix a blunder and find a bigger e... by simmerup on Tuesday September 05, 2023 @04:08PM (#37397054)
Why not? What we think is pretty much all that matters
[ Parent | on HN ]
Re:Britain’s statisticians fix a blunder and find a bigger e... by fatfingerd on Tuesday September 05, 2023 @04:46PM (#37397512)
Perhaps cumulatively, but in a particular moment? A infectious disease specialist may further raise GDP in this story, moments or years later.
[ Parent | on HN ]